DCG Hires Former Trump Impeachment Counsel in Defense Against NYAG Civil Lawsuit
Digital Currency Group (DCG) has found itself under intense legal scrutiny after it was confronted with a civil lawsuit filed by New York Attorney General Letitia James on October 19. In an attempt to challenge the allegations, DCG has enlisted renowned litigator Barry Berke, who previously served as chief impeachment counsel in the case against former President Donald Trump.
The lawsuit filed by NYAG Letitia James makes serious allegations against DCG, Genesis, and Gemini
regarding the crypto interest-bearing program they launched collaboratively in 2021. Specific allegations include:
Barry Berke
is a highly experienced attorney well-versed in high-stake cases. Berke is currently a partner at Kramer Levin and chairs the litigation department. He has handled litigation for major corporations as well as startups and tech companies. He also served as Chief Impeachment Counsel during Donald Trump’s first impeachment trial.
Berke represented former NYC Mayor Bill de Blasio in federal and local probes as well. He is described by Chambers USA as “one of the foremost litigators in the U.S.”
Taking strength from Berke’s expertise, DCG is strongly contesting the NYAG lawsuit, arguing it lacks merit given DCG’s good faith governance efforts.
“This misguided and meritless lawsuit proves the adage that ‘no good deed goes unpunished,’ Berke said in a press release. “We look forward to demonstrating that DCG and Barry Silbert should never have been sued.”
Remember when impeachment lawyer Barry Berke performed a vivisection of Lewandowski on live tv? I miss those days.
— Lori Kramer (@lorikramer58) October 24, 2023
With Berke leading their legal strategy, DCG appears set to aggressively fight the lawsuit and challenge the NYAG’s
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